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20100901
20100930
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Search Results 89 to 94 of about 95
. canada's oil sands are one of the world's largest deposits, about eight times current u.s. oil reserves. it is preferable for the u.s. to process and use these oil resources than alternative foreign markets. recognizing this, as i indicated before, our company is investing $2.2 billion here in our detroit refinery to enable us to process crude oil derived from canadian oil sands and to clean dress protection tools and other prada products that our consumers need. that project is the largest project going on in the state of michigan today. there is substantial opposition to importing this oil because its current intensity is slightly higher than that of most conventional oils. we are developing and implementing technology that can and will solve that problem. i use that point to transition to the file of the three key elements of an energy security strategy, which is the need for innovation and new technologies. as i stated earlier, technology and innovation are vitally important in increasing the supply of into, moderate demand, and protecting the environment. there is a tremendous amou
republican canada has said that social security, which guarantees your parents' retirement, is a "horrible policy." probably 20 members of the republicans running for congress go around saying over and over again that it's as if -- social security as a ponzi scheme. jo miller has said that unemployment benefits are not constitutionally authorized. we should in social security. my personal favorite, kentucky republican candidates ran the paul -- rand paul opposes the fair housing act any said that the other civil-rights acts were unnecessary and should be open for discussion or revision. all right and was the balance the budget not by repealing tax cuts on the wealthy like president clinton did, but by increasing taxes on the middle class, while phasing out social security and medicare. some republicans are broaching the idea of considering a rewrite of the 14th amendment's of the constitution, the amendment passed by congress in honor of the assassinated president abraham lincoln, the first republican to be president of the united states. one of those republicans who ventured that idea is
familiar with the canadian system? >> i am. i am not an expert on canada, but i am familiar with the system. the canadian system is different from ours. they are tightly regulated and have a highly concentrated banking system. they rely on a shorter term adjustable rate mortgage. it is possible to create a system similar to that. other countries have used the cover bond market as an approach. when you look at the international examples, it is important to look not just what is on the books but what also may be implicitly there. a number of companies with concentrated banking sectors were the does not appear to be a government guarantee involved has implicit backing for the financial institutions that we do not want to retreat. international examples can help, but we have to go a couple of layers deeper to know if that is the kind of system we want or not. >> is there any incentive for the private market to get back into this market given the fact that freddie and fannie are in existence and we are continuing this freeze where we are continuing to let them do what they were doing before the
, canada, japan, south korea, norway have all taken a similar the robust approach. under the leadership of those countries it is crucial that others who follow will now look to their precedent. there's a strong and growing international consensus to hold them accountable for their actions. meanwhile, the united states has taken several actions of our own this summer, as indicated, adding substantially to its sanctions program that was already the most rigorous in the world. since the adoption of 1929, we have targeted more than 50 additional entities. bank said, -- banks, irgc officers. we identified several which have names that obscure the affiliation thus aiding companies around the world. congress gave us another powerful tool by passing the comprehensive iran sanctions act. it forces a stark choice. if you conduct certain business with them, you cannot do business with the united states. it contains significant sanctions on companies that assist iran in acquiring refined petroleum products. and also requires the treasury to prohibit or impose strict provisions on any foreign bank t
. such as the sharp 225 study launching next month and studies in canada and europe. finally, wrapping up here, steps for harnessing technology, we have work to do, three big areas. one is to continue to support development of technology. i do think it can play a role to prevent distractions. these kinds of technology solutions need validation. we need research in passenger cars to figure out where they can deliver benefits, optimize those benefits and minimize any unintended consequences. secondly, we've got to make sure that as we introduce technologies, they continue to be integrated well, especially with the basic driver interface, and that will require shared guidelines across all manufactures, not just automakers and share test procedures. building hopefully on what the auto-- the alliance of automobile manufacturers has started and moving beyond that, perhaps, and finally, educating drivers to choose and use technology wisely because technology can only be a partner here. it requires a responsible driver. thank you. [applause] >> thank you. the federal government we recognize is one of limited
to keep his own job. as far as canada's goes in this country, the vast majority goes the vast majority have used -- pack as far as cannabis goes, the vast majority of us have used it. as far as afghanistan and opium, we saw on the news where our soldiers were guarding the poppy fields. we're using our tax dollars to guard the poppy fields. this is a joke. as far as the opium and cocaine, and do not know, that marijuana is not that bad. it should be legalized. i do not use it no more. it is not that big a deal. thank you. guest: 2 richard and all of the other callers, one of the great advantages of living in the american society is we can have this dialogue and you get to this dialogue and you get to speak your piece, but clearly i cannot change the laws and the united states. elected officials get paid to do that. as long as illegal and unlawful, something i believe is correct and we should not be making illegal, then we are duty bound to enforce the laws. respectfully, i would tell you to direct your comments to congress. host: what keeps you awake at night, what worries you the most
Search Results 89 to 94 of about 95